By  on December 13, 2011

American Apparel is exploring new avenues for financing as negotiations with Colbeck Capital, a private equity firm backed by Ron Burkle, have stalled and a deal looks unlikely to come to fruition. The parties had been in discussions since August about a financing deal worth between $90 million and $100 million, but American Apparel Inc. executives balked at the high cost of the capital infusion, according to sources close to the talks.

This story first appeared in the December 13, 2011 issue of WWD. Subscribe Today.

To continue reading this article...

load comments
blog comments powered by Disqus